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OpenAI’s annualized revenue is nearing $70 billion as enterprise sales accelerate, putting customer demand and the cost of AI expansion in focus.
Anthropic’s Reuters-reviewed IPO prospectus puts AI safety and heavy operating losses in focus as the Claude developer prepares for a possible public listing.
AMD’s all-stock agreement would bring World Labs’ spatial AI research in-house and make Fei-Fei Li chief scientist after the transaction closes.
Nvidia expands its buyback authorization by $150 billion as AI earnings surge, with $235 billion now available for repurchases through fiscal 2028.
Akamai shares surged after Anthropic committed $11.6 billion to the company’s cloud infrastructure over seven years, transforming the scale of its AI computing business.
Bybit has launched its ‘Make Your Move’ global campaign as the crypto exchange expands into a broader financial platform spanning digital assets, stocks, gold, forex, payments and AI-powered services.
SpaceX’s current market value and prospective valuations for Anthropic and OpenAI total roughly $5.2 trillion, exceeding the combined debut-day value of every U.S. technology IPO from 1980 through 2025.
Michael Burry has increased short positions in Micron, Nebius, Palantir and the SOXX semiconductor ETF, reversing part of the portfolio-wide risk reduction he made earlier in September.
Apple launched new Mac Mini and Mac Studio models featuring M6, M5 Pro, M5 Max and M5 Ultra chips, with prices starting at $899.
Alibaba has unveiled its Zhenwu V900 AI chip with three times the performance of its predecessor as the company prepares massive Qwen models and more than 20 gigawatts of global data center capacity.
Elon Musk’s SpaceXAI has launched Grok 4.7, its most powerful model for coding and knowledge work, claiming twice the speed at half the price of comparable frontier AI models.
AMD, Intel and Arm shares surged as Meta’s Muse became the most downloaded free iPhone app in the U.S., fueling expectations that mass adoption of autonomous AI agents will dramatically increase demand for server CPUs.
AMD reached a $1 trillion market capitalization for the first time as investor demand for AI and semiconductor stocks continues to drive valuations higher.
SoftBank has launched an approximately $11 billion bond sale to finance its latest investment in OpenAI, underscoring the enormous capital requirements behind the global artificial intelligence boom.
OpenAI expects to generate $278 billion in negative free cash flow through 2030 as spending on computing power and AI infrastructure approaches $856 billion despite rapid revenue growth.